H2O Midstream LLC is funded via investments from EIV Capital (EIV) and co-investments from a number of EIV’s institutional partners representing over $50 billion in assets under management. As a Houston-based private equity firm focused on the midstream sector of the energy industry, EIV has deep operational expertise and coordinates closely with H2O Midstream through all phases of a project, from evaluation to structuring, financing, development and operations.
Being part of EIV Capital’s portfolio enables H2O Midstream to have access to the operational expertise and creativity necessary to develop solutions for small to mid-size to large producers that need to move quickly in today’s cost challenged environment. EIV’s strong relationship with its institutional capital partners also provides H2O Midstream with access to the capital necessary to acquire, develop and build large gathering, storage, treatment and disposal operations that will be necessary to support the development plans of producers throughout North America.
According to Patti Melcher, Managing Partner at EIV, “Safe, reliable, long-term solutions for producers’ water logistics in the oilfield is a growing need, one which we have been seeking to invest in for quite some time. Jim and his team bring a true midstream philosophy and a long-term, life-of-field solution that will assist producers in lowering oilfield water costs vs. the traditional trucking solution – creating a true win-win in this commodity price environment.”
According to Jim Summers, CEO, “Our relationship with EIV is truly unique in that it provides the best of both worlds. We have access to the operational expertise and creativity necessary to develop solutions for producers that need to move quickly in today’s cost challenged environment. EIV’s strong relationship with our co-investors provides direct access to the additional capital necessary to acquire, develop and build large gathering, storage, treatment and disposal operations needed to support the growth of the industry throughout North America.”